Blend Labs Q2 FY26 non-GAAP operating income rises 51% Y/Y to USD 7 million; revenue increases 7% Y/Y to USD 33.8 million

Guidance calls for Q3 2026 revenue of USD 31.5 million to USD 33.5 million and non-GAAP operating income of USD 3.5 million to USD 4.5 million.

Blend Labs posted Q2 2026 revenue of USD 33.84 million, up 7% year over year.

GAAP net loss attributable to common stockholders narrowed to USD 6.41 million; GAAP operating loss improved to USD 1.58 million.

Non-GAAP operating income rose to USD 6.98 million, up 51% year over year; non-GAAP gross margin increased 2 percentage points to 78%.

Mortgage Suite revenue climbed 7% to USD 19.24 million, while Consumer Banking Suite revenue increased 6% to USD 12.16 million.